General Announcement::PARTIAL REPURCHASE OF 5.5% SENIOR NOTES DUE 2023 (XS2016070190)

Issuer & Securities

Issuer/ Manager
CHINA OIL AND GAS GROUP LIMITED
Securities
CHINAOIL&GASUS$320M5.5%N230125 - XS2016070190 - 48OB
CHINAOIL&GASUS$400M4.7%N260630 - XS2328392951 - FMCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Dec-2022 19:08:36
Status
New
Announcement Sub Title
PARTIAL REPURCHASE OF 5.5% SENIOR NOTES DUE 2023 (XS2016070190)
Announcement Reference
SG221205OTHR8LVH
Submitted By (Co./ Ind. Name)
China Oil And Gas Group Limited
Designation
Company Secretary
Effective Date and Time of the event
05/12/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
China Oil And Gas Group Limited (the Company ) is pleased to announce that, as of the date of this announcement, the Company has repurchased an aggregate principal amount of US$13,213,714 of its 5.5% senior notes due on 25 January 2023 (ISIN: XS2016070190) (the Notes ) from the open market. The repurchased Notes have been cancelled accordingly, after which, US$86,786,286 in aggregate principal amount of the Notes remain outstanding.
The Company will continue to monitor market conditions and may make further repurchases of its senior notes as and when appropriate. The Company may or may not make any further repurchase of senior notes in the future. Noteholders and potential investors should note that any on-market purchase of senior notes from time to time by the Company will be at the Company s sole and absolute discretion. There is no assurance of the timing, amount or price of any repurchase of the senior notes or whether the Company will make any further repurchases at all. Holders of the Company s senior notes and potential investors should therefore exercise caution when dealing in any senior notes of the Company.

Attachments

COGG - repurchase announcement clean.pdf
Total size =141K